Commercial Real Estate Portfolio Manager

2 months ago

Waltham, United States Cambridge Financial Full time
POSITION: Commercial Real Estate Portfolio Manager

Summary:

At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations, embracing a relationship centric mindset, and having a strong commitment to diversity and inclusion. The Senior Commercial Real Estate (CRE) Portfolio Manager, under the supervision of the CRE Portfolio Management Team Leader and assigned Loan Officers, assists with managing the credit risk and loan quality of the CRE loan portfolio by supporting and assisting CRE loan officers with preliminary review and underwriting of new prospective loan opportunities and existing portfolio administration issues including regular customer contact. In addition, they're responsible for managing the collection of and monitoring of exceptions and related reporting of CRE customer financial information, as well as the management and preparation of a variety of monthly and quarterly portfolio management information reports as directed by supervisors; the position will be assigned responsibility for some smaller and low activity CRE loan accounts.

Key Result Areas:
  • Support and assist CRE loan officers as needed: Provide support as needed to loan officers with preliminary underwriting review of new prospective loans, research tenants, collect market, business and financial information. Work with loan officers on existing loan modifications/extensions, information gathering, assist in preparation of the LOS and other portfolio customer related issues. Assist in managing the credit approval process for the team. Assist lenders in the management of the complete new loan and existing loan renewal process from origination to closing and post-closing monitoring. Assist loan officers in preparing and updating credit file rating summaries and portfolio reviews. Assist loan officers in the ordering and review of third-party reports (appraisal, environmental, building condition). Perform site inspections when needed.
  • Collection of CRE Division borrower and property specific financial information as required by loan approvals. Responsibilities include: Working with CRE customers for the timely collection of contractually required corporate financial statements, rent rolls, property operating statements, guarantor financial statements, tax returns via scheduled communications including letters, emails and follow-up phone calls. Manage the exception reporting process by keeping the assigned loan officers regularly informed via automated reporting systems. Monitor credit quality through the review of financial reporting information to provide early warning of possible deterioration. Coordinate the secure delivery of collected customer financial information to all participant banks. Interface when needed with Credit Administration in support of CRE portfolio audits by outside vendors and regulators.
  • Management reports: Responsible for collecting information and completion of regularly scheduled CRE management reports (Construction and Stabilization Risk Tracking Report).On an as needed basis assist in the coordination, design and development of various loan concentration and property sensitivity analysis reports in cooperation with Risk Management and Credit Department.
  • Customer Contact: Provide day-to-day point of contact for customer service issues that arise within the client base and promote good customer service. Cross-sell other bank services and products.
Additional Responsibilities:
  • Coordinate activities and interaction with lending personnel and Credit Administration Division.
  • Contribute to the effective team management of all CRE customer problems, issues and opportunities.
  • Establish and maintain effective working relationships with other departments in the Bank.
  • Perform additional duties as required.
Qualifications:
  • College degree, preferably in business, finance, accounting or equivalent.
  • 2 to 3+ years of commercial credit experience, with a focus on commercial real estate lending.
  • Working knowledge of U.S. GAAP, preferred.
  • Strong initiative, oral communication, interpersonal and customer service skills.
  • Ability to multitask, prioritize workload and meet deadlines.
  • Ability to pay close attention to detail, work independently.
  • Ability to maintain confidentiality.

Location:

Hybrid/Waltham, Massachusetts

About Cambridge Savings Bank:

Cambridge Savings Bank is a full-service banking institution with over $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. In March 2023, Kroll Bond Rating Agency affirmed CSB's investment-grade rating, reinforcing the bank's position as a reliable business lender. To learn more about how CSB can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370

Cambridge Savings Bank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. We are a VEVRAA Federal Contractor.

#LI-Hybrid

  • Project Manager

    3 months ago

    Waltham, United States Hobbs Brook Full time

    Hobbs Brook Real Estate LLC is an innovative commercial real estate leader with a portfolio of forward-thinking, sustainable properties in the United States and Singapore. Shaping the market since 1952, the company acquires, develops, manages, and serves as a valued partner to a variety of stakeholders. Hobbs Brook Real Estate (HBRE) brings unique property...

  • Marketing Coordinator

    2 weeks ago

    Waltham, United States SRS Real Estate Full time

    Position Overview: The marketing coordinator position provides transaction, marketing, and business development support to commercial real estate brokers. This role executes the corporate marketing strategy and initiatives locally while providing insight to the corporate marketing team on how these strategies are best refined for optimum local execution. In...

  • Marketing Coordinator

    2 weeks ago

    Waltham, United States SRS Real Estate Full time

    Job Type Full-timeDescriptionPosition Overview: The marketing coordinator position provides transaction, marketing, and business development support to commercial real estate brokers. This role executes the corporate marketing strategy and initiatives locally while providing insight to the corporate marketing team on how these strategies are best refined for...

  • Marketing Coordinator

    2 months ago

    Waltham, United States SRS Real Estate Full time

    Position Overview: The marketing coordinator position provides transaction, marketing, and business development support to commercial real estate brokers. This role executes the corporate marketing strategy and initiatives locally while providing insight to the corporate marketing team on how these strategies are best refined for optimum local execution. In...

  • Marketing Coordinator

    2 weeks ago

    Waltham, United States SRS Real Estate Full time

    Job Type Full-time Description Position Overview: The marketing coordinator position provides transaction, marketing, and business development support to commercial real estate brokers. This role executes the corporate marketing strategy and initiatives locally while providing insight to the corporate marketing team on how these strategies are best refined...

  • Marketing Coordinator

    2 months ago

    Waltham, United States SRS Real Estate Full time

    Job Type Full-time Description Position Overview: The marketing coordinator position provides transaction, marketing, and business development support to commercial real estate brokers. This role executes the corporate marketing strategy and initiatives locally while providing insight to the corporate marketing team on how these strategies are best refined...

  • Marketing Coordinator

    4 weeks ago

    Waltham, United States SRS REAL ESTATE PARTNERS LLC Full time

    Job DescriptionJob DescriptionDescription:Position Overview:The marketing coordinator position provides transaction, marketing, and business development support to commercial real estate brokers. This role executes the corporate marketing strategy and initiatives locally while providing insight to the corporate marketing team on how these strategies are best...

  • Commercial Property Manager

    2 weeks ago

    Waltham, United States Duffy Properties Full time

    For over 60 years, Duffy Properties, a Waltham, Massachusetts, based Property Management, Construction, and Real Estate Development company has built a reputation that we are proud of.At Duffy Properties, we value and recognize our employees and know that their dedication and hard work is the reason for our success. We foster a culture that promotes new...

  • Product Portfolio Manager

    2 weeks ago

    Waltham, Massachusetts, United States Danaher Corporation Full time

    About Us: Danaher Corporation is dedicated to providing innovative solutions that empower the scientific community to achieve significant advancements in critical health areas, including cancer research, neurological studies, and infectious disease management.Role Overview: The Portfolio Lead plays a pivotal role in enhancing the value of our product...

  • Portfolio Lead

    3 days ago

    Waltham, United States Danaher Corporation Full time

    Danaher Corporation Portfolio Lead in Waltham, MassachusettsFor over 25 years, Abcam has been providing tools the scientific community needs to enable faster breakthroughs in critical areas like cancer, neurological disorders, infectious diseases, and metabolic disorders.We believe that to continue making progress, we need to work together, each bringing our...

  • Portfolio Lead

    3 days ago

    Waltham, United States Danaher Corporation Full time

    Danaher Corporation Portfolio Lead in Waltham, MassachusettsFor over 25 years, Abcam has been providing tools the scientific community needs to enable faster breakthroughs in critical areas like cancer, neurological disorders, infectious diseases, and metabolic disorders.We believe that to continue making progress, we need to work together, each bringing our...

  • HBRE Lead Engineer

    1 month ago

    Waltham, United States FM Global Full time

    Overview Hobbs Brook Real Estate LLC is an innovative commercial real estate leader with a portfolio of forward-thinking, sustainable properties in the United States and Singapore. Shaping the market since 1952, the company acquires, develops, manages, and serves as a valued partner to a variety of stakeholders. Hobbs Brook Real Estate (HBRE) brings unique...

  • Paralegal II

    4 weeks ago

    Waltham, Massachusetts, United States Hobbs Brook Full time

    FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management...

  • HBRE Lead Engineer

    1 month ago

    Waltham, United States Factory Mutual Insurance Company Full time

    Overview : Hobbs Brook Real Estate LLC is an innovative commercial real estate leader with a portfolio of forward-thinking, sustainable properties in the United States and Singapore. Shaping the market since 1952, the company acquires, develops, manages, and serves as a valued partner to a variety of stakeholders. Hobbs Brook Real Estate (HBRE) brings unique...

  • Paralegal II

    4 weeks ago

    Waltham, United States Hobbs Brook Full time

    FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management...

  • Facilities Engineer

    2 months ago

    Waltham, United States Hobbs Brook Full time

    Hobbs Brook Real Estate LLC is an innovative commercial real estate leader with a portfolio of forward-thinking, sustainable properties. Shaping the market since 1952, the company acquires, develops, manages, and serves as a valued partner to a variety of stakeholders. Hobbs Brook Real Estate (HBRE) brings unique property visions to life with a commitment to...

  • Facilities Engineer

    4 days ago

    Waltham, United States Factory Mutual Insurance Company Full time

    Overview : Hobbs Brook Real Estate LLC is an innovative commercial real estate leader with a portfolio of forward-thinking, sustainable properties. Shaping the market since 1952, the company acquires, develops, manages, and serves as a valued partner to a variety of stakeholders. Hobbs Brook Real Estate (HBRE) brings unique property visions to life with a...

  • Portfolio Lead

    4 weeks ago

    Waltham, United States Danaher Corporation Full time

    For over 25 years, Abcam has been providing tools the scientific community needs to enable faster breakthroughs in critical areas like cancer, neurological disorders, infectious diseases, and metabolic disorders. We believe that to continue making progress, we need to work together, each bringing our own unique perspectives to make an impact on the world....

  • Portfolio Strategy Lead

    19 hours ago

    Waltham, Massachusetts, United States Danaher Corporation Full time

    About the RoleWe are seeking an experienced Portfolio Strategy Lead to join our team at Danaher Corporation. As a key member of our Product team, you will be responsible for developing and delivering a disease-specific portfolio strategy that positions us at the forefront of our customers' minds when making product decisions.Key ResponsibilitiesDevelop and...

  • Sr Lease Analyst

    3 months ago

    Waltham, United States Fresenius Medical Care North America Full time

    PURPOSE AND SCOPE: Responsible for the fulfillment of Lease Administration. Manages the day to day functions including the operation and delivery of lease administration for a Portfolio of 400 locations. Assists with maintenance of Real Estate Database. Directs day to day activities and mentors the Lease Analyst acting as a resource and providing guidance...